The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...
Money never stops moving across borders. Whether it’s exports, foreign investments, or massive international loans, every country tracks these transactions using the Balance of Payments. But few ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There are a few things to note in the IMF’s new external sector report: The IMF’s ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s GDP statistics are widely thought to be, well, works of performance art.
The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance ...